Citibank Changes Effective 22 Aug 2021 (Transaction and Savings Acc)

Just got an email from Citibank advising some changes. The main change is for the Citibank Plus, Citibank Global Currency and Cash Investment accounts. Basically they will automatically enable the Citi Smart Wallet.

The Smart Wallet will use citibank's own forex instead of visa's. Visa is better a lot of the time. (Well considering they're forcing you to use this Smart wallet…they must be gaining financially…)

Changes take effect on the 22nd of Aug. I'd imagine going into the app and just turning off the 'Smart Wallet' should suffice.

Not that overseas travel will be allowed anytime soon anyways….

Related Stores

Citibank Australia
Citibank Australia

Comments

  • okay

  • +1

    and $3 service fee

    • Is that a monthly account fee or a transaction fee?

  • +1

    You can still use your Visa as normal overseas etc
    The smart Wallet is for you to lock in exchanges and store currency like many other banks offer.

  • The bank's bottom line is being eaten up by technology. They failed to adapt to a changing environment and is now making their customers pay for it. Things will only get worse from here on.

  • i still have a citibank plus card to use for purchasing using overseas items using their currency and saving international transaction fees.

    what changes for me?

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